$CFX
/USDT Short Trade Signal 🔥💯
Current Price: $0.1546
Key Resistance: $0.1580 - $0.1600 (Strong supply zone)
Entry Zone: $0.1560 - $0.1580 (Look for rejection or bearish confirmation)
Target 1: $0.1480 (First support level)
Target 2: $0.1420 (Stronger support)
Stop Loss: $0.1620 (Above resistance)
Trade Details
✅ Wait for a bearish rejection at $0.1560 - $0.1580 before entering.
✅ A rejection at resistance could push price toward $0.1480 and $0.1420.
✅ Monitor 4H & 1H charts for confirmation with volume analysis.
✅ If price breaks above $0.1620, exit to minimize risk.
Risk Management
🔹 Maintain a 2:1 risk-to-reward ratio.
🔹 Adjust stop loss if price consolidates near resistance.
Momentum Indicators
📉 RSI near overbought could signal exhaustion.
📉 Decreasing volume at resistance strengthens bearish bias.
Pro Tip
🚨 Watch BTC’s movement, as sudden volatility can impact $CFX.
Stay sharp and trade safe! 🚀
CFXUSDT
0.15565
+8.25%
#VVVonBinance #FedHODL #DeepSeekImpact #MicroStrategyAcquiresBTC #JUPBuybacks